HomeMy WebLinkAbout0372 t t ~ ~
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THIS INOENTURE, lN~J~ rhe 3rd _ day of _~'y _ A.~. 19 76 betwe~n
BACKUS BM' RPRISES INCORPORATEfl._ a Flo;~da Co=~~,~,ion
p~ St • Lt1C1@ C6tenty Flo~ida, hereinaftN dasignattd as th~ "MORTGAGOR," ~nd fIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a corporarion wq~ni:ed ~nd eai~t~np unda ~h~ law~ of the Un~t~d Sfa~~s of Amalu ~nd Mvinp i» princlpd ptau of
businsu tn 1M Clty of For1 PiKC~, St. lvcie Carnty, Florida, her~inatt~~ de~ipnatsd a~ tFN "MORiGAGEE:'
WHEREAS IM 1NORTGAGOR is ju~tly indebt~d to th~ MORTGAGEE in tF+e Yum of f 24 s~0 ~ 0~ , yood and I~wful mon~y of the Un~tcd
St~tt~ +dvanced by 1M MORiGAGEE unto Ihe MORiGAGOR, ss ev~dencrd by a certain p~om~sawy not~ of avtn d~t• her~with, of wh+th ~M (ollowinp in
wads and fiyures is a 1rw copy, to-wir.
: 24 FO00.00 r,~, 10p2 OA7
fort Pieres, florid~, M_
gr.~/ . 19_2~
fp wlue received, I, we w either of us, p.omise ro pay, w~rhout defe:cn~on, to the wder af FIRST FLDERAI SAVINGS AND IOAN ASSOCtAT10N OF
FORT PIERCE at fott Pierce, fbrida, the tum of S_.24 ~~Q w~th interest irom date st the rote of per annum, in monthly install-
menU as followt: =._~~QQ.- en the ?Q~hday of _~YIl~-- 19__ Z~ and a Gke sum on the corre~pwid~nq day of ~ach month tMr~-
•fter until the whole be fulty pa~d.
Exh installmenf first shd~ be appGed in payment of the intereat ar~d then on the unpe~d balence of ~he princpa! sum. If defaulf is made in 1M
payment of ~~y instsllment wfien dus, and s~ch default continues 30 d~ys, then ~t Ihe oprion of the ho3der, and without any other ratice, all ~he remainir~
in~t~llments sh~ll be due and payable at once. Priv~ieqe is g~~en to prepay this note in whole w in psrt at eny t~me wi~hout penslty. Neither faebearance,
nor atceptant~ by ths holder thereof afte~ any deFault in any paymenes hereon, shall be deemed exten~io~. A late payment cherye of ~Q, ~hall b~
added to each instailment remaininy unpaid 7 days after its due date, and a Iike sum shall be added to each such inatallme+it remai~ing unpaid 7 days aflet
each iucceedinp payment dste.
Eath maker, su:ety snd endorser he~eof, jointly and aevenlly, waives demand, presen~men? p~otest snd notite of protest ior nonpayment, u?d furtl+N
:grees to eny eXtension of time of psyment, eirher beiore w alter maturity, wi~hout not~ce to any of us; and to pay all cos~s of colleaion, i~clud7np s
reasonabk attwney's fee in the e.eM of any defauft herounder, and hereby ~everalty waives etl benefit oi homestead sad exemption under the corotitulion
and laws of euh Stare of ths United Sutes, as aga~nst ~hii obl~gario~ w any extens~on a ren~v4t~~. EM,~R~ISES INCORPORAYB~
Witness the hand and seal of esch party. A
(SEAL~
BY: S/ Rrederick B. Guhae' ~p
Corpasate seal affixed
~ . . President ~
( • O0 ) St~ts Revenve ~ -
~S~iD1C~ ~ ~1a:I1~Q'C
NOW, IHEREFORE, the MORTGAGOR for ~the purpose of arcurinp paymeM of ssid svm of s 24 ~~0. ~O ~r?d 1h~ pe?{onr?~~cs of tM
coven~nb ~rx! ayreements hereinafter expressed, and for d~vers good and valuable considentions, by thea~ presents, Aoet prant, barp~in, a~ll, rtmis~,
release, convey and confirm unto the MORTGAGEE, its succeuws and auigni, all tMt cert~in lot, piece or parcel o( land, ~ituaf~, lyi~p, and b~inp In fh~
Couny of ~Cie ~nd State of Florid~, described ss follows:
Lot l, Block 13, HARMONY NEIGHTS ADDITION ~4, as per plat thereaf i
on file in Plat Book 9, page 71 of the public records of St. Lucie
APFP.a.: ~ / / ~
County ~ Florida Y~iE it~~r ~ y~ ~ " ~ ' ~ f C~/~ • / ~ _ ;
~
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' By agreeaent of Mortgagor azd Mortgage~ on file with Mortgagee, the
; within uoztga9e secures not only an existing indebtedness, but also z
! ADVANCBS to be HERBAF?ER vade by Mortgagee to Mortgagor, the aggre- i
ate of which wili e ~
~ g qual the priucipal avount specified in the pro-
~ sissory note secuzed hereby. ~ ~
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€ Q STATE ~F ~L_.ORIC7~ ~
's o~ D~~Vh1EN'1:R;';~=:~ $TAMP Tt~~' ~
~ ~ ~ - , 0
z_ U~PT. UF REYEniIF ri~~~•~;= ~ ~N PA1fMENT Of ~N~r-`~S`
y d ~ ~ T~A '
~ _ = -'"'b ~ 3 6. 0 0 iKr,wciuE r~RSO~w. vRO~ ~ .
P B. ~.I ~ DUE btl CUSS RiY
~ ~ o = t'~~'2 p1~RSUANT TO C!W'fER 71•13t. A:.^i5 Of 19/1.,,~/
ROGEN POITRA"
C~EeK G~RaIR st. ~uc~E Co., FU?
rogetlw~ with alt and sinyular the tenements, hereditaments snd sppurtances thereuMO belonginp or in urywise appcrtaininp thereto, and all rents, iuvet,
~ proc~eds and p~ofiri uuuirg and ro sccrue trom said premiaes, all of which are includcd in the sbove and for~~oinp dewiption ~nd habendum.
~ TO HAVE At~D TO HOLO the +bow deuribed a~d 9ra~ted premises unto tbe said MORTGACsEE, its s~cteuors and assipm forw~?. And th~ a~id `
~ MORTGAGQR fq 1L5 executws, ~dministratws and assigns, hercby covenants with the t~id MORTGAGEE, if~ ~ucteators ~nd asaipM, !
~ ~h~~ 1 t 1 S lawfully seized of the wid pemises in fee simple; that tM same are fr~s, ckar ~nd discharged from all li~ns and ~ntw~r ~
~ br~nus in law w in puity, and that lt will snd 1t5 heirs shall w~rrant and defend tM titl~ b the ~ame ro tlM sdd
_ MORTGAGEE, its successors and augns, forever ~gainst the lawful dsim~ and demands of aIl penons;
~ PROVIDED, ALWAYS that if the MORTGAGOR sMH pay unro the MORTGAGEE tF~e promissory note leereinb~fore dewib~d srx! ~hall truly, ptamptly :
and fully perfwm, dischar9e, execute, comple:e, comply with snd sblde by each ~nd every the ~tipulations, s~?eements, tonditions ~nd oovenanb of said ~
~ prom~ssory rat~ and of this Allortg~ye, ther+ this Mortgay~ and the Estste hereby ae~ted shall u~st and be null and void.
~ IT IS UNDERSTOOD that the vrud "Ahortg~tpr" whether in the singular o~ plural ~nywhen in this Matya~, ih~ll be sinpulu if on~ only ~nd ~
~ shall be plural jointly ~nd s~verally if more than one, and that the word "the'u" ~s u~ed anywhen io fhh Mwrp~ye shall be t~ken ro mean "his,•• •'hen," ;
~ w"iri;' wherever tM context so implies w admiti. Alw, tMt wherever thcre is s reftrence ie tM coven~nri and ayreemenb herein Qontain~d tp My pf ct±
'r the parties he~eto, the sarr~ sMll be construed to meso ~s well as tM heirs, leyal repcsentNives, ~uccesson and u~ipro (eitF~ volunbr~r by ~tt of ih~ ~-+d ~
~ paAits or inmlu~tary by op~ration of tM law) of tht same a~d that the covenants here~n canrs~ned aMll bind ,nd rhe benefin .nd .dvanupu Inw~ ~"O
to tM r~spectiw h~in, leysl ~~preuMatives, succeuors and ~ss°grts of the partits he?sto.
~ Md uld Morfya9ors, for themselves ~nd thei~ heirs, lepal represent~tivet, sucusson ~nd aui~n~, hereby joiMly and severally cov~naM and ~prK Vw ,
~ ro ~nd with tF» said MORTGAGEF, its succeasors ~~d auigns: i`~
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~ 1. To pay all and sinpular the ~incipal ~nd imcrest and tM r~rious' and sundry wms of money payabl~ by virtw of said promissory not~, and tNa
~ mwtyp~, tach and ~v~ry, promptly on tM d~y~ rtipectivety the sam~ sever~lly become due. ~ ~
~ 2. To pay •II and sinyulu the t~xes, a~sessments, levies, liabilities, obliystio~?s and encumbrances of every nawr~ and kind now on saW dacrib~d ~
~ p.operty, a that hereafter may bs imposed, wffsred, placed, levied, or ~ssessed thereon, a that hereafttr may b~ levied w a~sed vpp? thb Mwq• `
~ a9e, a tlw tnd~bt~dn~ss sscured hereby, ~acfi and every, when d~e +nd payabte, xcadir~ to Iaw, befort tMy bccorrw d~linqvent, Md befw~ ~ny iM~nsf ;
attecFros w~ny penalty is i~cw~ed; AND INSOFAR AS /CN1' iMEREOF IS OF RKORD THE SA/l1E SHALL SE PROMPTIY SATISFIED AND DISCHARGE~ Of €
~ RECORD AND THE ORIGlNAL OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, iNE TAX RECEIPT OR THE SATISfACTION PAPER OffICIALIY Ek00RSE0 #
_ OR CERTIFIED) SHAII dE PLACfD IN THE HANDS Of SAID MORTGAGEE WITHIN tEN DAYS NEXT AF1ER PAYMENT; ~nd in the evsnt thaf ~ny tlMt~of is no1 ~
;r paid, uY.sfied and diuh~rged sa:d MORTGAGEE may at ~ny time p~y the same a any p~?t thereoi without w~ivin9 w s(fectir?y ~ny option, IiM, pvitr or ~
> •7aht under a by virtve of this mortgsge and the full amovnt o/ eath and every svch payment shall be immediately due and paysble and th~ll b~u intt~qt +
~ kam the d~te thereof until paid at rate of ncne per centvm per •nnum and together w~th such interett sMll be secured by the lien of th:s morpbyl. ~
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